Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggeri
City Power says it won’t turn the lights back on for some Alexandra residents on 9th and 10th avenues until 80% of customers start paying for electricity.After an outage caused by burnt jumpers and breakers at City Power’s mini substation left some residents on 9th and 10th
The National Unity Platform (NUP) has criticised Parliament for what it calls a rushed and exclusionary process in handling the Uganda Peoples’ Defence Forces (UPDF) Amendment Bill, 2025.In a statement, NUP Secretary General David Lewis Rubongoya expressed disappointment over the short n
With just eight months until Uganda’s 2026 general election cycle begins, political parties are under growing scrutiny for their slow preparations.While the ruling National Resistance Movement (NRM) and the Democratic Party (DP) have already mapped out their election strategies, key oppo
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Former Assistant Inspector General of Police Asan Kasingye has raised concerns over the potential misuse of President Museveni's directive banning police bonds.In a detailed statement on X, Kasingye warned that so
The former Archbishop of Canterbury, Justin Welby, was loved and scorned in equal measure. While some admired him for taking a stand on allowing the clergy to bless same-sex relations, some conservative Anglican churches around the world detested him for backing the move, terming it as an u
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
